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The changes include new roles and team moves for some staff, according to the note from Aaron Cain, Converse’s chief executive officer, the report added.Nike’s shares were down nearly 2% in afternoon trading.Nike had laid off 775 employees, impacting distribution center roles in Tennessee and Mississippi, in …
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Feb 9 (Reuters) – Eli Lilly will buy Orna Therapeutics for up to $2.4 billion in cash, gaining access to a technology that allows patients’ own cells to generate therapies inside the body, without the need to extract them.The deal, announced on Monday, is the latest in the flurry of transactions signed by the …
HONG KONG, Feb 9 (Reuters) – Hong Kong’s most vocal China critic, media tycoon Jimmy Lai, was sentenced on Monday to 20 years in jail, ending the city’s biggest national security case that has fueled global concerns about Beijing’s clampdown on freedoms in the ex-British colony.Lai’s sentence on two counts of …
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President Trump’s real estate deals have returned as much as 4,800%. That’s enough to turn every $1,000 into $49,000. But his next “real estate deal” is different – and much bigger. It involves federal assets worth an estimated $5.1 trillion. And any American citizen can stake their claim. The mainstream media is largely ignoring this, but a former Trump advisor just went on the record. [GET THE FULL DETAILS HERE]…
RIYADH, Feb 9 (Reuters) – Saudi Arabia’s $925 billion Public Investment Fund (PIF) plans to announce a new five-year strategy this week, two people with direct knowledge of the matter said, in the biggest reset yet of Crown Prince Mohammed bin Salman’s economic transformation plan.The Saudi sovereign wealth f …
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